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Thomas E. Chase, a partner at Rottenberg Lipman Rich, writes that all is fair in love and war unless you are a fiduciary litigating against your beneficiary in New York state court. New York state courts require fiduciaries to honor their duties to adversary-beneficiaries even during protracted disputes. Savvy counsel representing a beneficiary should seek leverage by insisting that an adversary-fiduciary continue to comply with these extrajudicial duties.
May 24, 2006 at 12:00 AM
1 minute read
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